Siemens has confirmed that it will invest £160m (€190m) in offshore wind turbine production and installation facilities in Yorkshire, England.
The investments will be made in Green Port Hull's project construction, assembly and service facility and a new rotor blade manufacturing facility in Paull, East Riding, in the Humber region, according to the revised plan.
Siemens also said that Associated British Ports (ABP) will be investing an additional £150m (€179m) in the Green Port Hull development, which has been under development for four years.
The new investments would create around 1,000 new jobs, with additional jobs during construction and indirectly in the supply chain, according to Siemens.
UK Prime Minister David Cameron said that the investment is going to create new jobs and opportunities, leading to more financial security and a more resilient economy.
The rotor blade manufacturing unit will produce Siemens advanced 75m-long IntegralBlade designed for the company's SWT-6.0-154 6MW wind turbines.
The Green Port Hull project is scheduled to meet Round 3 requirements in early 2016, while the blade facility is estimated to start production in 2017.
Siemens managing board member and Energy Sector CEO Michael Suess said that the decision to build a production facility for offshore wind turbines in England was part of their global strategy as the company invests in markets with reliable conditions.
"The British energy policy creates a favourable framework for the expansion of offshore wind energy. In particular, it recognises the potential of offshore wind energy within the overall portfolio of energy production," Suess said.
ABP CEO James Cooper said, "The announcement by Siemens today underlines the critical role the Humber region plays in servicing the UK's energy needs, both today and in the future.
"Our investment in Green Port Hull will ensure the supply chain supporting this exciting new industry can be centred on the Humber. We are delighted that Siemens has chosen to partner with us to realise this exciting project."
Image: Siemens manufacturing plans will help create around 1,000 jobs - 550 at the blade factory and 450 at Green Port Hull.. Photo: courtesy of Siemens.